Two House bills would suspend the gas tax
Two recently filed House bills would temporarily suspend the state gas tax and lesser known “road tax”. The former is paid by all drivers in South Carolina, and currently accounts…
Let’s pump the brakes on the electric vehicle panic
*** On Wednesday, a special legislative committee tasked with “modernizing” the state’s transportation funding system met for the second time, once again alleging that the rise in electric and hybrid vehicles pose an…
S.323 – Streamlining Department of Revenue’s process finding tax debtor’s bank accounts
S.323 would allow the Department of Revenue (DOR) to get bank account information of tax debtors from the banks, rather than requiring DOR to get it from the debtor. Current…
S.207 – Seniors will keep homestead exemption during a stay at a nursing home
S.207 – would allow seniors who move to a nursing home or residential care facility to retain the homestead property tax exemption for their homes, as long as they intend…
S.214 – Collecting sales tax from online retailers
S.214 – is an attempt to capture sales tax from online retailers like Amazon or Ebay, based on a Supreme Court case that was decided last year. The case (South…
S.217 – Using local hospitality taxes to repair and mitigate flood damage
S.217 – would allow the revenue from local hospitality and accommodations taxes to be used by local governments in the repair and mitigation of flood or tidal damage. The funds…
S.76 – Extending a tax credit and exemption for energy efficient homes
S.76 would extend a tax credit and exemption for manufactured homes bought in South Carolina that reach energy efficiency standards. The credit and exemption are currently set to sunset this…
S.227, S.113, H.3168, H.3457 – Allowing certain municipalities to impose a property tax
S.227 (and identical bills S.113, H.3168 and H.3457) would allow the 60 municipalities in South Carolina that do not currently have a property tax to impose one. State law currently…
What is Tax Conformity, and What Does It Mean for SC Taxpayers?
UPDATE 10/5/18: The Senate’s version of the tax conformity bill passed both houses this week and was signed by the Governor. Lawmakers left one major question unanswered when they…
Friday Follies: A Tax Exemption for … Huh?
A TAX BREAK FOR FOOD AND CLOTHING IN THE PREPARATION OF PERISHABLE FOOD. THAT MAKES PERFECT SENSE. It’s often the case, and South Carolina is no exception. Lawmakers tend to…
Gas Tax Bill a Windfall for Infrastructure Bank
PROPONENTS CLAIM THE BILL WOULD FIX SOUTH CAROLINA’S ROADS. THAT’S NOT WHAT THE BILL SAYS. [NB: The bill discussed in this report is now law, the state senate having overridden…
House Gas Tax vs. Senate Gas Tax: A Comparison
LAWMAKERS HAVE TO COMBINE TWO BAD BILLS. THINGS COULD GET WORSE. The House and the Senate have both passed bills that contain significant tax increases, insignificant reform elements, and negligible…
The Gas Tax Bill – A Guide for the Perplexed
● The Senate’s bill raises gas tax by 12 cents per gallon ● Includes large increases in array of fees ● Calls tax a ‘fee,’ allowing Infrastructure Bank to create more…
UPDATE: House Passes Gas Tax Increase
MODEST REFORM MEASURE INTRODUCED, BUT PREMISE STAYS THE SAME On Tuesday the House considered the gas tax hike bill (H.3516). House leadership proposed an amendment that would divert 20 percent…
House Leaders’ Gas Tax Bill
LAWMAKERS’ ANSWER TO THE ROADS PROBLEM IS STILL THE SAME: YOU HAVEN’T SENT ENOUGH MONEY TO COLUMBIA [The text of this analysis has been updated to reflect the bill’s most…
H.3468 – Allowing the transfer of textile mill tax credits
H.3468 would allow an individual, partnership, limited liability company, trust, or estate to transfer an unclaimed textile mill site rehabilitation tax credit to another recipient, provided the Department of Revenue…
S. 54 – Senate Gas Tax
S. 54 increases the existing 16 cent per gallon gas by 4 cents every year from 2017 through 2019, nearly doubling the current gasoline tax. The bill would also allow…
S. 214 – Internet Sales Tax
S. 214 is an attempt to collect more money in sales tax revenue from out of state Internet focused retailers, and would require them to remit sales tax to the Department…
H.3516 – 10-cent Gas Tax Increase
H.3516 would increase the gas tax by ten cents (a yearly two-cent increase over the next five years). It would also increase vehicle registration fees from $24 to $40 and…
H.3311 – New Workforce Programs, Grant Fund, Tax Credit
H.3311 would create a Pathways Initiative to target workforce development and increase employment. One of the programs included in this initiative would invest in school-to-workforce development with a focus on…
H.3075 – Tax Credit for Employers Who Allow Employees to Attend Their Children’s Educational Events
H.3075 would require state employers to allow their employees eight hours a year to attend their children’s non-sporting educational events. This bill also creates an income tax credit for private-sector…
H.3095 – Sales Tax Exemption for Portable Toilet Rentals
H.3095 would increase the sales tax exemption for the rental or lease of portable toilets from seventy percent of gross proceeds to one hundred percent, and would include proceeds from…
H. 3304 – Special Purpose Districts for Clean Energy
H. 3304 would allow for the creation and implementation of special purpose districts for promoting the use of clean energy resources such as natural gas, solar and other sources of energy.…
H.3111 – Gas Tax Hike
H.3111 would impose a fourteen cent per gallon gas tax hike, the proceeds of which would be used to improve road conditions and supporting infrastructure. The legislation includes a provision…
H.3088 – Gas Tax Advisory Referendum
H.3088 is a joint resolution to conduct an advisory referendum in the 2018 election to gauge voters’ support for a gas tax increase. The question would ask if voters would be…